CAP-2101-20 Valid Exam Materials - CAP-2101-20 Exam PDF

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BOMI International RPA Capstone Experience Sample Questions (Q45-Q50):

NEW QUESTION # 45
A property manager is reporting on monthly variances to the asset manager of an office building. The annual budget for custodial expenses is $660,000. Lastmonth, custodial expenses were $61,000. What is the variance against the budget?

A. Positive variance of $599,000
B. Negative variance of $599,000
C. Positive variance of $6,000
D. Negative variance of $6,000

Answer: D

Explanation:
To calculate the variance, first determine the expected monthly custodial expenses based on the annual budget.
Annual budget = $660,000
Monthly budget = $660,000 ÷ 12 = $55,000
Now, compare the actual expenses for the month to the expected budget:
Actual expenses = $61,000
Variance = Actual expenses - Budgeted expenses = $61,000 - $55,000 =$6,000 Since the actual expenses exceed the budget, this is anegative varianceof $6,000.

NEW QUESTION # 46
Which of the following is theMOSTfundamental requirement for developing the annual property budget?

A. Choosing between the cash and accrual method
B. Understanding the owner's long-term and short-term objectives
C. Reviewing all leases to ensure accurate revenue input
D. Using a zero-based budget approach

Answer: B

Explanation:
Themost fundamentalstep in developing an annual property budget is to understand theowner's goals and objectives. These priorities guide all financial planning decisions, including budgeting for expenses, capital improvements, and revenue strategies. Without this understanding, the budget may misalign with ownership's expectations.

NEW QUESTION # 47
The results from a real estate company's annual employee satisfaction survey suggest that workers are dissatisfied with organizational culture, performance recognition, and management's approach to communication. Management is considering strategies to solicit employee input by holding meetings with no agenda, no directive leadership patterns, and no power or status positions. Which of the following organizational development (OD) strategiesMOSTclosely aligns with these guidelines?

A. Behavior modeling
B. Workforce development training
C. Grid training
D. Sensitivity training

Answer: D

Explanation:
Sensitivity trainingis designed to increase awareness of interpersonal relationships, group dynamics, and workplace communication. It often takes place in informal settings with no set agenda or hierarchical leadership-fostering openness, empathy, and mutual respect, which aligns directly with the strategy described.

NEW QUESTION # 48
In semi gross and net leases, a landlord implements an additional rent clause to recapture the increased cost of operating the building. What may be another reason for additional rent clause?

A. Ensure the property is well-maintained.
B. Maintain the equity value of the base rent dollar.
C. Hedge against inflation.
D. Allow landlord to collect late fees.

Answer: C

NEW QUESTION # 49
An investment firm recently purchased an office building and hired a property manager to operate the building. The property manager is evaluating whether to recommend replacement of single-pane windows with new energy-efficient windows for the entire building. The investment firm's desired rate of return is
12.5%, the project will cost $1,250,000, and the property manager estimates that the new windows will save
$125,000 in energy costs per year.
What is the payback period, and how much will the value of the building increase if the project is implemented?

A. The payback period is 12.5 years, and the increase in value is $1,000,000.
B. The payback period is 10 years, and the increase in value is $156,250.
C. The payback period is 10 years, and the increase in value is $1,000,000.
D. The payback period is 12.5 years, and the increase in value is $15,625.

Answer: A

NEW QUESTION # 50
......

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